Global Business Management

1. Provide an outline as to why the culture of a country may impact the costs of doing business in that country. Explain your answer and provide examples that enhance your point(s). 2. It has been argued that free market economies stimulate greater economic growth than do state-directed economies. Make a well-constructed and persuasive argument on why or why not this may be true. 3. Using the concept of “the veil of ignorance,” develop an ethical code that will influence the policies of a clothing business looking to outsource its manufacturing process. 4. It has been suggested that the existence of the World Wide Web has impacted international business and the world economy. Explain your answer with a well-constructed and cogent response. 5. Do you agree or disagree with the following statement: The lowering of barriers to trade and investment between countries within a trading group will probably be followed by increased price competition. Explain your answer with a well-constructed argument. 6. Would the establishment of a Free Trade Area of the Americas agreement be good for the two most advanced economies in the Western hemisphere, the United States and Canada? How would the establishment of such an agreement affect the strategy of business? Explain your answer with a well-constructed and cogent response. 7. Unions in developed nations often oppose imports from low-wage countries and are strong advocates of restrictive trade barriers to protect what they view as “unfair” import competition. Is such competition “unfair”? Explain your answer with a well-constructed argument and examples to illustrate your point(s). 8. What were the causes of the 2010-2012 debt crisis within the EU? What does this tell us with regard to the potential weakness of the Euro? 9. Do you agree or disagree with the following statement: The lowering of trade barriers to trade and investment between countries within a trading group will probably be followed by increased price competition.      

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